News for hackers. Stuff that matters.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by bqmjjx0kac on Tuesday January 30, 2024 @04:23PM (#39196044)
Clearly, those 8000 employees were producing -$10,000,000,000 per year.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by hiddencost on Tuesday January 30, 2024 @05:19PM (#39196693)
A Google SWE costs the company around $750k average, fully loaded cost. So if those were all SWEs, $6B/yr isn't an unreasonable estimate.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by KerryJones on Tuesday January 30, 2024 @06:29PM (#39197464)
Where did you get the $750K figure? I'm in the Bay Area, Sr Engineer, on the higher end of the pay scale, and no-where close to that figure.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by phantomwhiskers on Tuesday January 30, 2024 @06:43PM (#39197632)
If I were to guess, I'd say that this estimate is including hardware, cloud resources, software licenses, benefits, stock options, and probably more that I can't think of in addition to salary, but I too would like a more detailed explanation on how they came by that number.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by rkagerer on Tuesday January 30, 2024 @09:42PM (#39199120)
Probably also the HR, legal, etc. support staff amortized across headcount.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by HDThoreaun on Tuesday January 30, 2024 @06:38PM (#39197573)
How do you know how much your benefits and support staff cost?
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by hiddencost on Tuesday January 30, 2024 @06:54PM (#39197739)
Fully loaded cost. Typically you estimate that an employee costs 2x their total compensation, across various expenses.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by KerryJones on Wednesday January 31, 2024 @02:42AM (#39201147)
Where is that typically? Most of those are had costs for an employee, not % based. Google has employees from $50K to $1mm+, I very much doubt that all expenses double as income doubles.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by dieortin on Tuesday January 30, 2024 @06:00PM (#39197163)
Assuming those SWEs produced absolutely zero value to Google, which I bet is not true
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by bqmjjx0kac on Tuesday January 30, 2024 @06:06PM (#39197216)
Also, I'm guessing legal fees and the raw cost of severance are no joke.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by hiddencost on Tuesday January 30, 2024 @06:55PM (#39197745)
Nothing about my post was estimating the added value of the SWEs, only the cost.
Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by hdesh on Wednesday January 31, 2024 @12:21AM (#39200276)
The median in 2021 was close to $300k as per this[0] source.

[0] https://www.spglobal.com/marketintelligence/en/news-insights...

Re:Google Announces Fourth Quarter and Fiscal Year 2023 Resu... by shermantanktop on Tuesday January 30, 2024 @05:16PM (#39196650)
Math checks out. Imagine what happens when they lay off 800k!